Revolut Raised Savings Rates to 2.5 Percent
Standard savings accounts now earn 2.5% on balances up to €2,500 for account holders.
Updated on Oct. 5, 2026 in Saving
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Revolut has increased the Annual Equivalent Rate on its standard personal Instant Access Savings accounts from 2% to 2.5%. This change applies to the first €2,500 of a user's balance, following recent interest rate hikes by the European Central Bank.
Why it matters
The adjustment reflects the broader interest rate environment in the eurozone, where the European Central Bank raised its main policy rate to 2.5% last month. This shift impacts how quickly cash balances can grow for savers holding smaller amounts in liquid accounts.
The new 2.5% Annual Equivalent Rate applies specifically to the first €2,500 in an Instant Access Savings account. Balances above that threshold earn a lower 1% rate, up to a maximum total account deposit limit of €5,000,000.
The players
Revolut
A global financial technology company offering banking services, digital currency exchange, and personal savings accounts.
European Central Bank
The central institution responsible for monetary policy and maintaining price stability across the eurozone.
The details
Interest on standard savings accounts is tiered based on the balance held by the saver. While the first €2,500 earns the higher 2.5% rate, any funds held beyond that specific amount are subject to a 1% interest rate. This structure encourages maintaining a base level of savings while capping the total interest earned on larger balances.
Timeline
September 2026: The European Central Bank raised its main policy rate to 2.5%.
October 5, 2026: The new Revolut interest rate took effect.
October 7, 2026: Interest calculation at the new 2.5% rate begins.
Money Landscape
This rate adjustment follows the European Central Bank main policy rate, which was increased to 2.5% last month following two separate hikes this year. It reflects the ongoing effort by financial institutions to recalibrate consumer product yields in response to current central bank policy.
Savers with balances up to €2,500 will see a higher return on their liquid funds effective immediately. Those with balances exceeding this threshold should review their portfolio, as the marginal interest earned drops significantly to 1%.
The takeaway
The move rewards those who maintain smaller, liquid balances while capping the benefit for larger holdings. Savers should confirm their current balance tiers in the app to determine if their savings strategy remains optimal.
Further reading
For more information on managing cash reserves, visit our guide on Saving.
Source note: This article includes information reported by RTE.
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